Fuels: Prices

(asked on 30th November 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the impact of rising UK fuel prices on consumers.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 7th December 2021

BEIS analysis is that changes in retail prices of petroleum products such as petrol and diesel are primarily driven by the changes in the global market prices for crude oil and in exchange rates.

Recognising that fuel is a major cost for households and businesses, we have kept fuel duty frozen. This is the twelfth consecutive freeze, saving the average UK car driver a cumulative £1,900, compared to the plans the previous Government set out in 2010.

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